Bidvest reported continuing operations HEPS up 6% to 1,864c, with Normalised HEPS up 5.9% to 1,998c, below the Bloomberg consensus of 2,009c. Revenue increased 2.9% to R130.30bn, while trading profit rose 8.4% to R13.10bn. Stronger margins, cost control, productivity gains and portfolio management supported earnings growth. The final dividend increased 6.6% to 483c, taking the full year dividend to 906c.
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